Jean-Philippe Hecquet has left his position as CEO of Lanvin, effective immediately. This is the result of a major management overhaul of the Paris fashion house. Chairman of Fosun Fashion Group (FFG) and chairman on the board of directors at Lanvin, Joann Cheng will take the place of interim Chief Executive Officer. 

FFG acquired the majority control of Lanvin in spring 2018, with a commitment to invest €100m. The move completed a major acquisition, which saw FFG gain companies including Wolford, St John Knits, Caruso and Tom Tailor.